EU Directive

On March 10, the UK Financial Conduct Authority (FCA) updated its webpage relating to the review of and forthcoming changes to the European Union’s Markets in Financial Instruments Directive (MiFID). MiFID sets forth the...more

Home to several of the world’s largest OEMs, and a major place of operations for others, Europe has a thriving automotive industry. As borders have become more and more open in the European Union, OEMs and their suppliers...more

On 15 November 2014, Directive 2014/95/EU of the European Parliament and of the Council of 22 October 2014, amending Directive 2013/34/EU as regards disclosure of non-financial and diversity information by certain large...more

The right of oblivion (le droit a l’oubli) has a distinctly French air, perhaps more reminiscent of existentialist philosophy than of legal codes. That right, though, is enshrined in French law, providing convicted criminals...more

Europe's latest legislative response to the recent financial crisis — the Bank Recovery and Resolution Directive (BRRD) — is intended to establish a minimum common toolbox for regulators in each member state to address bank...more

In this issue:
- European Banking Authority’s Second Report on Impact of Liquidity Coverage Ratio
- Delegated Regulations under CRD IV Published in Official Journal of the European Union
- Prudential...more

ESMA Publishes Final Technical advice on the MiFID II Directive and MiFIR -
On December 19, 2014, the European Securities and Markets Authority (ESMA) published final technical advice (ESMA/2014/1569) to the European...more

The Article 29 Data Protection Working Party (Working Party) released Opinion 9/2014 on ePrivacy Directive 2002/58/EC (amended in 2009), stating that the consent and transparency mechanisms apply to digital fingerprinting of...more

On 19 December 2014, the European Securities and Markets Authority (ESMA) published final technical advice (ESMA/2014/1569) to the European Commission and a consultation paper (ESMA/2014/1570) on the MiFID II Directive...more

Not everyone is happy about the proposed EU Trade Secrets Directive. When we last touched on this topic a couple of months ago, the European Union looked poised to enact a sweeping new legal regime that would harmonize trade...more

On December 5, 2014, the Official Journal of the European Union published the European Commission’s new directive on antitrust damages in civil actions (the “Directive”). The Directive went into effect on December 26, 2014....more

On December 19, 2014, the European Union (EU) Commission called for comments on EU Emission Trading System Directive revisions. The revisions include changes to how carbon allowances will be made available to participants in...more

The European Securities and Markets Authority (“ESMA“) published final technical advice on December 19 to the European Commission, and a consultation paper on the MiFID II Directive and the Markets in Financial Instruments...more

The German Federal Court of Justice (GFCJ) was scheduled to judge, on October 28, 2014, whether dynamic IP addresses are "personal data" as defined in Article 2 of the EC Data Protection Directive, and if so, under which...more

The Consumer Rights Directive was implemented in France by the so called Loi Hamon of March 17, 2014.
The Loi Hamon strengthens the information obligations on traders which cover in particular the main...more

The directive eases the way for the private enforcement of competition laws in Europe.
On November 10, the European Council adopted a directive designed to make it easier for injured parties to pursue damages claims in...more

When precisely is a data controller lawfully permitted to process personal data?
If a data controller does not have the consent of a data subject to process his or her data, when does the “legitimate interest”...more